IFRS Adoption and Its Integration into Accounting Education Curriculum in Nigerian Universities

Nassar, Lanre. and Uwuigbe, O. R. and Uwuigbe, U. and Abuwa, Joel Tochukwu (2014) IFRS Adoption and Its Integration into Accounting Education Curriculum in Nigerian Universities. Research Journal of Finance and Accounting, 5 (22). pp. 76-82. ISSN 2222-1697 (Paper) ISSN 2222-2847 (Online)

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Abstract

The International Financial Reporting Standard is a major topic in the accounting profession today as more countries are involved in the adoption. However, the adoption of IFRSs without an adequate representation of same, in the curricula will have negative effects and create problems such as improper curriculum coordination. This study examines the integration of IFRS into accounting education curriculum in Nigeria. Data for this research was majorly collected from primary sources through the use of 240 copies of questionnaire being distributed to a sample of 4 private universities in Nigeria. The study used the regression analysis test statistic, one sample t-test and chi-square analysis to test the hypotheses and to validate the model specified. The result gives a pointer to the readiness of accounting education for the adoption of IFRS. The results revealed that IFRS adoption factors influence the inclusion of IFRS in university curriculum. It also revealed that students are aware of issues which relates to IFRS meaning they have sufficient knowledge of the standard. The research recommends more efforts to aid the training of educators and the provision of training facilities to aid proper integration of IFRS in the curriculum.

Item Type:	Article
Uncontrolled Keywords:	International Financial Reporting Standards, Integration, Accounting Education, Curriculum
Subjects:	H Social Sciences > HF Commerce H Social Sciences > HF Commerce > HF5601 Accounting
Divisions:	Faculty of Law, Arts and Social Sciences > School of Management Faculty of Law, Arts and Social Sciences > School of Social Sciences
Depositing User:	Mrs Patricia Nwokealisi
Date Deposited:	18 Nov 2021 12:29
Last Modified:	18 Nov 2021 12:29
URI:	http://eprints.covenantuniversity.edu.ng/id/eprint/15491

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